How can I create and file 1099s for my employees and/or contractors? I have downloaded the 2019 home and business but the portal to create and file the 1099 takes me to the 2020 1099 NEC.
The Form 1099-NEC is now used for reporting payments to contractors and other self-employed individuals. The Form 1099-MISC is no longer used for those type of payments.
An employee does not receive a 1099-NEC. You should be reporting an employee's wages, federal taxes withheld, Social Security, Medicare wages and taxes on a W-2.
2019 ??? Oh you are really late ... expect penalties. You cannot use the portal since it only goes to the 2020 forms ... instead try the built in W2/1099 Reporter in Windows Home & Business program ... You have to print and mail them.
- Launch TurboTax Home & Business.
- If you're already working on a tax return, you'll need to close it. Select New Tax Return from the File menu in the upper-left corner, then answer Yes to save the return you currently have open.
- Select the Prepare W-2/1099.
- On the next screen, click Choose Desktop and follow the instructions.
Do you have Home & Business for Windows or Mac? Mac only uses Quick Employer Forms Online which is only for 2020 now. If you have Windows Home & Business you can still create them on your computer. Windows has 2 options....Quick Employer Forms and a built in W2/1099 program.
2019 Blank Forms